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Global Power Synergy PCL
SET:GPSC

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Global Power Synergy PCL
SET:GPSC
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Price: 35.75 THB -0.69% Market Closed
Market Cap: ฿100.8B

P/OCF

5
Current
13%
Cheaper
vs 3-y average of 5.8

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
5
=
Market Cap
฿125.5B
/
Operating Cash Flow
฿20.8B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
5
=
Market Cap
฿125.5B
/
Operating Cash Flow
฿20.8B

Valuation Scenarios

Global Power Synergy PCL is trading below its 3-year average

If P/OCF returns to its 3-Year Average (5.8), the stock would be worth ฿41.3 (16% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+83%
Average Upside
44%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 5 ฿35.75
0%
3-Year Average 5.8 ฿41.3
+16%
5-Year Average 9.2 ฿65.59
+83%
Industry Average 7.3 ฿51.89
+45%
Country Average 6.6 ฿47.13
+32%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
TH
Global Power Synergy PCL
SET:GPSC
100.8B THB 5 16.3
US
Vistra Corp
NYSE:VST
52.4B USD 12.9 69.6
SA
ACWA Power Co
SAU:2082
184.5B SAR 41.2 99.6
IN
Adani Power Ltd
NSE:ADANIPOWER
3.9T INR 16.4 34.1
IN
NTPC Ltd
NSE:NTPC
3.9T INR 5.2 15.9
CN
CGN Power Co Ltd
SZSE:003816
226.7B CNY 7.6 23.2
TH
Gulf Energy Development PCL
SET:GULF
877.7B THB 44.3 41
CN
China National Nuclear Power Co Ltd
SSE:601985
180.4B CNY 4.8 21.3
DE
Uniper SE
XETRA:UN0
17.3B EUR -26.1 12.5
US
Talen Energy Corp
NASDAQ:TLN
15.1B USD 21.6 -69.5
CN
SDIC Power Holdings Co Ltd
SSE:600886
107.3B CNY 3.9 16.4

Market Distribution

In line with most companies in Thailand
Percentile
36th
Based on 352 companies
36th percentile
5
Low
0.4 — 4.3
Typical Range
4.3 — 9.7
High
9.7 —
Distribution Statistics
Thailand
Min 0.4
30th Percentile 4.3
Median 6.6
70th Percentile 9.7
Max 13 115.6

Global Power Synergy PCL
Glance View

Market Cap
100.8B THB
Industry
Utilities

Global Power Synergy PCL (GPSC) stands as a prominent player in Thailand's energy sector, weaving a strategic tapestry of diversified power generation solutions. As a core energy business arm of the PTT Group, GPSC has cemented its status by investing in a mix of conventional and renewable energy resources. Anchored in thermal power plants, the company ensures stability and consistency in energy supply, drawing upon natural gas and coal to fulfill a significant portion of Thailand’s electricity demands. However, GPSC isn’t just content with traditional generation; it actively dances to the rhythm of innovation, driving an ambitious pivot towards renewable energy. Solar farms, wind turbines, and even energy storage solutions form an integral part of its portfolio, reflecting its commitment to a sustainable energy future. What truly sets GPSC apart in its industry is its ability to integrate technology into its operational and strategic frameworks. Beyond mere power generation, the company delves into energy storage and intelligent grid technologies, effectively modernizing the way energy is managed and distributed. Through these ventures, GPSC not only stabilizes grid performance but also monetizes enhanced energy efficiency. Revenue streams flow from various channels—whether through power purchase agreements, investments in cutting-edge renewable technologies, or cooperation with government and private sector entities to manage and optimize energy solutions. As GPSC continues to balance its conventional roots with a forward-looking embrace of renewables, it strategically positions itself to capture emerging opportunities within an ever-evolving global energy landscape.

GPSC Intrinsic Value
57.9 THB
Undervaluation 38%
Intrinsic Value
Price ฿35.75
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